Record Performance by DFCC Group for FY 2014/15 with Group PAT and EPS up by 38%.
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Record Performance by DFCC Group for FY 2014/15 with Group PAT and EPS up by 38%.

DFCC Group released its provisional results for FY 2014/15, which showed a record performance that was achieved amidst a challenging business environment, marked by intense competition and declining interest margins. Despite having to channel a substantial amount of time, effort and resources to merger activities, the bank retained its focus on its core business, resulting […]

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The DFCC Banking Group Extends Support to Nepal
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The DFCC Banking Group Extends Support to Nepal

The DFCC Banking Group recently supported the Government initiative to send basic necessities to the survivors of the disastrous Nepal earthquake. The DFCC Group has had a close relationship with Nepal on development of renewable energy. DFCC Consulting, a fully owned subsidiary of DFCC Bank, has organized a range of study tours in […]

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DFCC Group Basketball Team Wins Second Consecutive Championship Title
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DFCC Group Basketball Team Wins Second Consecutive Championship Title

The DFCC Group Basketball team saved their best performance for the Mercantile Services Basketball Association Division “A” Knockout Tournament held recently. With a 62-52 win over Nations Trust Bank, DFCC was crowned ‘Basketball Champions 2014’, winning their second consecutive championship title.  Timothi Nilushan was awarded ‘Player of The Tournament’, also for the second […]

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DFCC Partners with German Development Cooperation
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DFCC Partners with German Development Cooperation

DFCC Bank PLC was recently chosen to be a project partner of the GIZ GmbH (Deutsche Gesellschaft fur Internationale Zusammenarbeit), commonly known as German Development Cooperation. The project intends to guide and direct Small and Medium Enterprises (SMEs) to employ energy efficient processes, thereby benefitting the organization and the environment. Apart from targeted workshops […]

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Results for the Nine months Ended 31 December 2014
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Results for the Nine months Ended 31 December 2014

    Mr Arjun Fernando, Chief Executive Officer Results for the Nine months Ended 31 December 2014 This commentary relates to the interim non-audited financial statements for 9 months ended 31 December 2014. These Financial Statements are presented in accordance with Sri Lanka Financial Reporting Standards (SLFRS) aligned with International Financial Reporting Standards (IFRS). GROUP […]

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DFCC GROUP POSTS ROBUST 1H PERFORMANCE
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DFCC GROUP POSTS ROBUST 1H PERFORMANCE

Portfolio YoY Growth +19%; PAT up 70%; First single digit Coupon Debenture Issue                          Mr Royle Jansz,Chairman, DFCC Bank          Mr Arjun Fernando, Chief Executive, DFCC Bank    The DFCC Group recorded a robust first half performance with consolidated profit after tax of LKR 2,071m […]

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Synapsys envisions a Fast, Fair and Frictionless financial future
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Synapsys envisions a Fast, Fair and Frictionless financial future

Mr. Dinesh Fernandopulle CEO/MD of Synapsys Limited and the CIO of DFCC Group.  DFCC (The Development Finance Corporation of Ceylon) was set up by an Act of Parliament in 1955 as part of a Government initiative to create a strong institution to support the private sector with medium and long term finance. Over […]

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LINDEL LABS TO OFFER MICROBILIOGICAL
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LINDEL LABS TO OFFER MICROBILIOGICAL & FOOD TESTING SEVICES

  From left to right: Dr. R. M. K. Ratnayake, Director,  Mr. H. A. Samarakoon,CEO/Director, Mr. E. G. P. Kalpage, Consultant and Mr. Tyrone de Silva, Chairman. Lindel Industrial Laboratories Ltd (Lindel Labs), the wholly owned subsidiary of Lanka Industrial Estates Ltd. (LINDEL) recently opened a state of the art Microbiological and Food […]

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DFCC Vardhana Bank Breaks the Remittance Barrier
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DFCC Vardhana Bank Breaks the Remittance Barrier

DFCC Vardhana Bank (DVB), Sri Lanka’s fastest growing commercial bank announces the introduction of the ground-breaking Lanka Money Transfer (LMT) service which will be available from mid November 2014. This new offering is a remittance service which allows customers, both the sender and receiver to transfer money with ease, using the banks that they […]

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DFCC Toastmasters appoints new committee
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DFCC Toastmasters appoints new committee

The 7th installation ceremony of DFCC Toastmasters was held at the DFCC Auditorium in Colombo on the 19th of September 2014. Chief Guest of the ceremony – Chief Executive of DFCC Bank, Mr. Arjun Fernando, Senior Management of DFCC Group, members, ex-DFCC Group members along with distinguished invitees from the Toastmasters fraternity including TM […]

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DFCC forges ahead with a team of diverse,multi-disciplined and dedicated staff
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DFCC forges ahead with a team of diverse,multi-disciplined and dedicated staff

Interview with Sonali Jayasinghe on DFCC’s competitive people advantage                   Sonali Jayasinghe – Vice President, Group Human Resources, DFCC Bank Established in 1956, DFCC Bank has for nearly 60 years played a catalytic role in […]

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DFCC Bank offers special loan scheme for self-employed
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DFCC Bank offers special loan scheme for self-employed

Picture shows the agreement being exchanged between Mr. Tyrone De Silva, Executive Vice President – Lending of DFCC Bank and Mr. M.J.S. Abeysinghe, Director of the Regional Development Department, CBSL. The Central Bank of Sri Lanka recently appointed DFCC Bank as one of the Participating Financial Institutions to offer loans under the Self […]

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DFCC Bank extends support in Drought Relief Operations

    Sri Lanka’s pioneering development bank DFCC, staying true to its tradition of helping people and giving back to the society carried out a relief activity to support the vulnerable people severely affected by shortage of water.   The Bank together with its commercial banking subsidiary, DFCC Vardhana Bank initiated a relief program to […]

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DFCC, Sri Lanka’s Pioneer in Development Banking records yet another first with Single-Digit Coupon Debenture Issue
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DFCC, Sri Lanka’s Pioneer in Development Banking records yet another first with Single-Digit Coupon Debenture Issue

    Mr.Arjun Fernando, Chief Executive, DFCC Bank   DFCC Bank’s recent Debenture Issue received an overwhelming response, being oversubscribed within hours of the opening day. Rated AA- (lka) by Fitch ratings, the initial Issue was to raise Rs 3 Billion with an option to increase up to a further 2 billion in the event […]

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DFCC Bank to launch Rs 3 Bn Debenture Issue

DFCC Bank announced its listed Debenture Issue to raise Rs 3 Bn with an option to issue up to Rs 5 Bn, carrying a tenor of 3 years. The Colombo Stock Exchange has approved the listing of the debt securities on the main board and the issue will open to the public on the 7th […]

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